Profit Sharing · DOL Form 5500 · 2023
Law Office of Palumbo, Palumbo & Lovelace, LLC Profit Sharing Plan
Data updated 2026-08-25
- $3M
- Total assets Small plan by assets
- 5
- Participants Small participant base
- 36th
- Percentile by assets National rank
- $630,048
- Avg per participant High balance/head
Official DOL plan name: Palumbo & Associates Profit Sharing Plan · Sponsored by Law Office of Palumbo, Palumbo & Lovelace, LLC · Maryland · Professional & Technical Services
$3M in assets, 5 participants
Law Office of Palumbo, Palumbo & Lovelace, LLC's Palumbo & Associates Profit Sharing Plan reported $3M in total assets and 5 participants in its 2023 DOL Form 5500 filing, ranking in the 36th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #6,757 in Professional & Technical Services (20,321 peers)
Law Office of Palumbo, Palumbo & Lovelace, LLC multi-year trail
Law Office of Palumbo, Palumbo & Lovelace, LLC's plans moved +40.1% in assets from 2022 to 2024; this filing shows Palumbo & Associates Profit Sharing Plan at $3M / 5 participants.
- #6,757
- in Professional & Technical Services (20,321 peers)
- +19.4%
- assets growth YoY
Palumbo & Associates Profit Sharing Plan's mid-pack asset rank among Professional & Technical Services and all filers
Palumbo & Associates Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$3,150,241 36th percentile higher than 36% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Palumbo & Associates Profit Sharing Plan among micro filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Palumbo & Associates Profit Sharing Plan is a micro filing (5 participants), the leftmost band.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Palumbo & Associates Profit Sharing Plan reported net income rose from -$413K in the plan year 2022 filing to $511K in the plan year 2023 filing.
- Palumbo & Associates Profit Sharing Plan end-of-year assets rose from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 522352912 · Law Office of Palumbo, Palumbo & Lovelace, LLC PY 2023 · Profit Sharing
Palumbo & Associates Profit Sharing Plan · $3M · 5 · 36th
- ASSETS $3M
- ASSETS 5
- ASSETS 36th
- ASSETS Profit Sharing
- ASSETS near Patronus Systems Inc. Retirement Plan
- ASSETS ind #6757
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Maryland →
Palumbo & Associates Profit Sharing Plan in the asset neighbourhood
Law Office of Palumbo, Palumbo & Lovelace, LLC multi-year asset trail
Sponsor-wide plan assets over time
All Law Office of Palumbo, Palumbo & Lovelace, LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $4M 40.12929396129215% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5 | $3M |
| 2023 | 1 | 5 | $3M |
| 2024 | 1 | 5 | $4M |
Law Office of Palumbo, Palumbo & Lovelace, LLC filing trail (2023)
| Total Assets (Beginning of Year) | $3M |
|---|---|
| Net Assets (End of Year) | $3M |
| Net Income | $511K |
| Employer EIN | 522352912 |
| Plan Effective Date | 1996-01-01 |
| Filing Status | FILING RECEIVED |
Nearby Profit Sharing Plans in Maryland
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Sprinkler Industry Supplemental Pension Fund $2.6B · 25,150
- Nfl Player Annuity Program $1.7B · 2,736
- Major League Baseball Players Investment Plan $1.1B · 4,293
- International Painters and Allied Trades Industry Annuity Plan $622M · 10,625
- Nfl Player Capital Accumulation Plan $617M · 2,701
Palumbo & Associates Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Maryland, the nearest Profit Sharing by assets is Patronus Systems Inc. Retirement Plan in FL ($3M); by covered participants it is Salon Passion Inc. Retirement Plan in GA (5 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($3M here).
Similar participant headcount
Nearest other-state filings by covered participants (5 participants); asset peers above are excluded.
- Salon Passion Inc. Retirement Plan (GA) 5 · 0 off
- William D. Zigrang, M.D., Profit Sharing Plan (CA) 5 · 0 off
- Bcr and Co Profit Sharing Plan (CA) 5 · 0 off
- Taylor Legacy, Inc. Retirement Plan (AL) 5 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.